The answer
Compare the next five years of daily life, not just today's sale value. Test stairs, bathroom and entrance access, fall and emergency risk, snow and yard work, repairs, driving or transit, care and family support, monthly housing cost, renovation feasibility, and the availability of a suitable next home before deciding.
Calgary-specific context
Calgary's winter access, snow clearing, driveway and garage design, distance to services, Calgary Transit Access eligibility, condo rules and fees, bungalow scarcity, and the ability to remain near an existing support network can matter as much as square footage.
What to do next
Build an aging-in-place modification budget and a downsizing net-proceeds and next-housing budget side by side before preparing the current home for sale.
Verify before relying
Official sources for this topic
These sources explain the rules and records relevant to this topic. Check the current requirements for your property.
Check the current information at the linked source. Ask the appropriate professional how it applies to your property.
Important
Real estate rules, market conditions, property records, taxes, financing terms, bylaws, and physical conditions can change. Verify time-sensitive and property-specific facts with current official sources and the appropriate qualified professional before acting.